Obsidian Energy Q3 2024 GAAP EPS C$1.58 Beats C$1.06 Estimate
Portfolio Pulse from Benzinga Newsdesk
Obsidian Energy reported Q3 2024 earnings of C$1.58 per share, surpassing the analyst consensus estimate of C$1.06 by 49.06%. This marks a 32.77% increase from the previous year's earnings of C$1.19 per share.
October 31, 2024 | 11:09 am
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Obsidian Energy's Q3 2024 earnings per share of C$1.58 significantly exceeded expectations, beating the analyst estimate of C$1.06 by 49.06%. This strong performance also represents a 32.77% increase from the previous year.
The significant earnings beat and year-over-year growth indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100